Overseas Pakistanis living in European countries sent record remittances in the first 10 months of the financial year.

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According to the details, Pakistanis residing in European countries have sent more than 2.8 billion in foreign exchange to Pakistan during the first 10 months of the fiscal year July-April, which is 27.1% more than the same period of the previous financial year. In the same period last financial year, more than 2.2 billion in remittances were sent to the country by Pakistanis working in Europe.

Big Pakistani community in the European Union is based in Italy, and its impact can be seen in remittances. Overseas living in Italy have sent over 71 711 million in foreign exchange to Pakistan in the first ten months of the financial year. This is 47% more than the same period last fiscal year. the same in period last financial year, Pakistanis working in Italy had sent 29 295.5 million in foreign exchange to the country.

Remittances from Pakistanis residing in Greece were the second highest increase, with remittances from Pakistanis residing in Greece recorded a 41% increase in the first ten months, before the end of the fiscal year. Pakistan has sent more than 300 million in foreign exchange in ten months, compared to more than 5 215 million in the same period last financial year.

Thirdly, Pakistanis working in the Netherlands from July to April 2022 sent 50.2 million in foreign exchange to the country, which is 30.4% more than the same period of the previous financial year. Overseas sent .8 35.8 million in foreign exchange to the country. April in remittances from the Netherlands reached six.
Million 6.1 up from 8 4.8 million in April last year.

Fourth largest remittance was sent by Pakistanis residing in Spain. Pakistanis residing in Spain remitted more than 420 million in foreign exchange to Pakistan in the first 10 months of the current financial year. 30.1% higher than.